First, divide the money into three parts, learn to feel the market. Let me tell you how to use these parts.

Keep your mindset in check; don’t start out thinking you want to make 10 times, or 100 times. That’s unrealistic.

A part of the money is used for learning, participating in new token launches, and other on-chain operations.

As a newcomer to the crypto space, the first thing you should think about is risk, not how much money you can make. You should consider how much money you are investing in this project, what will happen if you lose it, and how it will affect your life and to what extent.

For beginners, the initial step in entering the circle is mastering the most basic knowledge, such as registering on exchanges, depositing, withdrawing, and transferring. How to add networks in MetaMask, how to find the contract address of tokens, and how to add tokens in the wallet using the contract address.

For newcomers entering the Bitcoin ecosystem, the first things to master are installing, depositing, withdrawing, and transferring wallets like Unisat, Xverse, and OKX, how to switch wallet address types, how to switch between mainnet and testnet, how to participate in new inscriptions via platforms like ID and GeniiData, how to buy and sell BRC20 tokens on Unisat and OKX markets, and how to find NFT collections and trade NFTs.

As a beginner, you need to practice these. When there are projects, start with small funds to trial and error, participate with a mindset of learning from scratch, and gradually accumulate experience, rather than immediately wanting to make money. A newcomer will eventually lose back any money made if they do not improve execution and learning, even if they happen to earn some money now.

Part of the money goes to 'trial and error', you can do imitation, try opening contracts, and make swings. This part of the money is used to pay tuition, helping you learn to respect the market.

As long as you are a newcomer just entering the crypto space, too many 'good Samaritans' will message you to take you along.

Novices are the favorite targets of scammers because they have many questions, and only scammers will patiently answer them. Scammers have the highest tolerance for them because they are focused on their wallets from the start.

Some directly lead you to play with scam tokens, telling you about a certain coin, which is mostly self-issued scams that have formed a complete token issuing assembly line.

Moreover, you might see some signal teachers showcasing contract profits, and seeing others display profits of several times, you get tempted and want to trade contracts.

Congratulations, you need to learn a substantial amount of tuition from the contract.

Some scammers create paid contract groups. When you ask, they say it costs 2000 USDT for a month to join the group, or 500 USDT for a month. Some may even say it’s for a year.

Those saying it’s for a year are definitely newcomers who have never played before, as no one stays in a contract group for a year; they will definitely lose everything by then.

Some groups are free, but you must register using their invitation code, and you must have trading funds; they will verify your capital. Then they will show you off, and you can't help but recharge and trade. Your trading fees will have rebates.

What you earn is your trading fees; if they are more unscrupulous, they might even take you to small exchanges to eat into your losses.

I once read an article stating that an ordinary person exploring on their own needs at least 3 cycles to start earning money.

In the first cycle, you watch all kinds of get-rich-quick myths, enter the market full of confidence, and those with high risk tolerance even borrow money. But in the end, you can hardly hold onto your wealth and are led away by various traps and schemes.

In the second cycle, you learn from the lessons of the previous cycle, master basic operations, understand candlesticks, volume-price, and basic cyclical rules, and learn to manage your investments.

When the bull market comes, you see the coin prices soaring with the market sentiment, feeling incredibly excited. Your positions begin to double, you taste the sweetness of making money, and you think it will continue because the market sentiment is still optimistic. However, the bear market comes unexpectedly, and you haven't learned to sell, so you are likely to experience a rollercoaster ride with the market.

Only by the third cycle, you might learn to make money in this market.

These three cycles are hard to break; unless you can follow experienced individuals, but that is quite challenging.

The last part of the money should be used for regular investments or participating in new token launches, earning through arbitrage; this is where you start making money.

The crypto space is indeed one of the most hopeful ways for ordinary people to turn things around, but it doesn’t mean the process is smooth. The essence of life is ups and downs, with gains and losses; what remains unchanged is continuous learning, bridging knowledge gaps, letting go of biases, and making money is just a matter of time.

Stay close to experienced individuals, use precise strategies for analysis, select with substantial AI big data, and position yourself in an invincible position? The market never lacks opportunities; the question is whether you can seize them. Following experienced and right people allows us to earn more!

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